Shakti Precision Components Design Engineer Salaries by 4 Employees (Updated 2024)

0 - 5 years exp.

₹3 Lakhs - ₹4.8 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Design Engineer Salary in Other Companies for 0 - 5 years of experience

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Salaries in different departments

UX, Design & Architecture Design Engineer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Quality Assurance Design Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Research & Development Design Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 28 Sep 2024

Companies similar to Shakti Precision Components for Design Engineer

Company name	Avg Annual Salary	Open Jobs
Bharat Forge Design Engineer Salary 1 - 9 years exp. (68 salaries)	₹1 L/yr - ₹8.1 L/yr 37% more
Precision Camshafts Design Engineer Salary 1 - 8 years exp. (4 salaries)	₹4 L/yr - ₹4.8 L/yr 16% more
Login to view exact salary
TVS Sundram Fasteners Design Engineer Salary 1 - 4 years exp. (12 salaries)	₹1.5 L/yr - ₹3.8 L/yr 10% less
Samvardhana Motherson Group Design Engineer Salary 0 - 5 years exp. (214 salaries)	₹1.8 L/yr - ₹6.3 L/yr 4% less
Endurance Technologies Design Engineer Salary 0 - 5 years exp. (77 salaries)	₹2 L/yr - ₹4.8 L/yr 19% less
Ramkrishna Forgings Design Engineer Salary 1 - 8 years exp. (19 salaries)	₹2.8 L/yr - ₹8.2 L/yr 29% more
ZF Commercial Vehicle Control Systems Design Engineer Salary 0 - 5 years exp. (29 salaries)	₹1.4 L/yr - ₹8.2 L/yr 5% more
Bosch Design Engineer Salary 0 - 8 years exp. (86 salaries)	₹2 L/yr - ₹10 L/yr 45% more
UNO Minda Design Engineer Salary 0 - 4 years exp. (84 salaries)	₹2 L/yr - ₹6.3 L/yr 4% more
Quality Austria Central Asia Design Engineer Salary 0 - 4 years exp. (27 salaries)	₹1.7 L/yr - ₹3 L/yr 33% less
TÜV NORD Design Engineer Salary 0 - 8 years exp. (11 salaries)	₹3.1 L/yr - ₹6.4 L/yr 40% more
Login to view exact salary
Bureau Veritas Design Engineer Salary 3 - 5 years exp. (5 salaries)	₹4 L/yr - ₹5.2 L/yr 16% more
SGS Design Engineer Salary 0 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹4.8 L/yr 17% less
Luxor Writing Instruments Design Engineer Salary 4 - 7 years exp. (4 salaries)	₹3.4 L/yr - ₹4.6 L/yr 8% less
Medhaj Techno Concept Design Engineer Salary 1 - 12 years exp. (4 salaries)	₹3 L/yr - ₹5.2 L/yr 3% less
Abellon Clean Energy Design Engineer Salary 1 - 6 years exp. (4 salaries)	₹2 L/yr - ₹5 L/yr 17% less
Sterlite Industries Design Engineer Salary 2 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 26% less

Design Engineer salary at Shakti Precision Components ranges between ₹3 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Shakti Precision Components.

Experience wise Shakti Precision Components Design Engineer salaries

Last Updated: 28 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

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Similar Designation salaries in Shakti Precision Components

Senior Engineer Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Junior Engineer Salary

(15 salaries)

₹2.1 L/yr - ₹3.84 L/yr

Assistant Engineer Salary

(12 salaries)

₹2.2 L/yr - ₹4.2 L/yr

Senior Design Engineer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Junior Design Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Electrical Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Shakti Precision Components

Assistant Manager Warehouse

Stores and Logistics Department

1.0

• posted on 12 Feb 2018

for Salary and Benefits

Likes

Its very bad company,and no career and its standing on politics.and hr main person one lady she is very cruel person.

Dislikes

So many problems is there in this company.no grouth,no salary, and no careers is there.i cant see my 15 years experience this type of politics company. so my Request plz don't introduced any person this company.nonsence people is there.

Assistant Engineer Production in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

4.0

• posted on 24 Apr 2019

2.0

for Salary and Benefits

Likes

According to me it's a learning and earning.... some people are still working there that's left to their work satisfaction and skills they adopt

Dislikes

In the organisation some managers listen to backbitching about other person...... over time is less paid, salary will be not much hiked for straight forward workers...

Senior HR Executive in Bangalore / Bengaluru

Full Time

Human Resources Department

2.0

• posted on 08 Nov 2023

3.0

for Salary and Benefits

Likes

Good learning in Training and Development and QMS & EOHS audit well.

Dislikes

There is no culture and their own ways to work in the department and HOD's not taken proper decision making. Even though no proper response to employees. Way of behaving also not good.

CMM Operator in Bangalore / Bengaluru

Manufacturing Unit Department

1.0

• posted on 30 Mar 2021

1.0

for Salary and Benefits

Likes

its a good company but working environment is very bad and company dont follow the standardness and there is no facility for employees and food is no up to the mark. company is not favour to the employee

Dislikes

salary is not decent, food is not good, transportation is not good, far fron the city no public transportation available at proper time, company make their own rules to their favour, the totall working environment is bad, senior employee wil not leave us to improve our ability and knowledge, company has good future vision but employee doesn't.

CNC Operator in Bangalore / Bengaluru

Production, Manufacturing & Engineering Department

2.0

• posted on 05 Aug 2020

2.0

for Salary and Benefits

Likes

Work environment is ok, teammates are not supportive& management is not transparent.there is no cafeteria and no gaming arcade for chilling. Company policies are good, but company is not follow the policies, appraisals are not fair and they will not give good salary hike and bonus every year.

Dislikes

Work environment is ok, teammates are not supportive& management is not transparent. There is no cafeteria and no gaming arcade for chilling. Company policies are good, but company will not maintain that policies, appraisals are not fair and they not give a good salary hike and bonus every year

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Shakti Precision Components Design Engineer Salary FAQs

What is the salary of Design Engineer at Shakti Precision Components?

Design Engineer salary at Shakti Precision Components in India ranges between ₹3.0 Lakhs to ₹4.8 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 25% less than the average Design Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Shakti Precision Components India.

How does the salary of a Design Engineer at Shakti Precision Components India compare with the average salary range for this job?

The average salary of a Design Engineer at Shakti Precision Components is 25% less than the average salary of a Design Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Shakti Precision Components to a Design Engineer in India?

Bosch Design Engineer Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
TÜV NORD Design Engineer Salary - ₹3.1 Lakhs to ₹6.4 Lakhs per year
Bharat Forge Design Engineer Salary - ₹1.0 Lakhs to ₹8.1 Lakhs per year
Ramkrishna Forgings Design Engineer Salary - ₹2.8 Lakhs to ₹8.2 Lakhs per year
Bureau Veritas Design Engineer Salary - ₹4.0 Lakhs to ₹5.2 Lakhs per year

What is the salary of a Design Engineer in companies similar to Shakti Precision Components in India?

Precision Camshafts Design Engineer Salary - ₹4.0 Lakhs to ₹4.8 Lakhs per year
ZF Commercial Vehicle Control Systems Design Engineer Salary - ₹1.4 Lakhs to ₹8.2 Lakhs per year
UNO Minda Design Engineer Salary - ₹2.0 Lakhs to ₹6.3 Lakhs per year
Medhaj Techno Concept Design Engineer Salary - ₹3.0 Lakhs to ₹5.2 Lakhs per year
Samvardhana Motherson Group Design Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year

What is the estimated take home salary of a Design Engineer at Shakti Precision Components in India?

The estimated take-home salary of a Design Engineer at Shakti Precision Components ranges between ₹27,675 per month to ₹29,074 per month in India. The take-home salary calculation is based on the average Shakti Precision Components Design Engineer salary in India which ranges between ₹3.0 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Design Engineer at Shakti Precision Components?

According to AmbitionBox, 67% of the Shakti Precision Components Design Engineers reported a notice period of 1 Month, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Shakti Precision Components Design Engineer Salaries

Shakti Precision Components Design Engineer salary in India ranges between ₹3 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Shakti Precision Components latest salaries received from various employees of Shakti Precision Components.